FirmaIQ
Org.nr 811 880 612 2023 → 2024 Year-over-year analysis

ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-04-07; registry 2025-04-19; journal 2025 380262

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.49m NOK → 2.60m NOK (+4.4%). Net result -225.9k NOK → -301.6k NOK. Equity 1.38m NOK → 1.08m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT STIG E. MORTENSEN AS.

At a glance

Scorecard

Revenue
2.49m NOK 2.60m NOK
+4.4%
Operating result
-297.1k NOK -407.4k NOK
-37.1%
Net result
-225.9k NOK -301.6k NOK
-33.5%
Equity
1.38m NOK 1.08m NOK
-21.9%
Cash
100.8k NOK 162.7k NOK
+61.5%
Total assets
2.09m NOK 2.36m NOK
+12.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.49m NOK to 2.60m NOK (+4.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 100.8k NOK → 162.7k NOK (+61.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -297.1k NOK → -407.4k NOK (op. margin -11.9% → -15.7%). Calculated

  • ↓

    Net result weakened

    Net result -225.9k NOK → -301.6k NOK (net margin -9.1% → -11.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.38m NOK → 1.08m NOK (equity ratio 65.8% → 45.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.18m NOK → 2.45m NOK (87% → 94% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.5 → 3.1. Reported fact